Ford (F) expects an operating margin of ~10% for its North American ops this year, down slightly...

|About: Ford Motor Company (F)|By:, SA News Editor

Ford (F) expects an operating margin of ~10% for its North American ops this year, down slightly from 2012's 10.4%, Americas chief Joe Hinrichs discloses at a BofA conference. Ford's mid-decade outlook forecasts an 8%-10% margin for North America, and 8%-9% for its global ops. 2013 U.S. industry auto sales (on a SAAR basis) are pegged at 15M-16M, up from 14.8M. Ford estimates its Feb. '13 U.S. share was 16.1%, up 80 bps Y/Y. South America is seen having a roughly breakeven op. margin for 2013, below 2012's 2.1%. (slides)